703 Romaine LnHoustonTX77090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Houston at 703 Romaine Ln, Houston, TX, 77090 with 5% annual appreciation on a $349,000 basis while $2,487/mo rent supports operations. Total monthly income totals $2,487/mo and a $1,708/mo payment preserves $5/mo for cash returns. Annual cash flow comes to $65/yr on $115,694 deployed, and return on cash invested reaches 19.96% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 8.55%. Five-year ROI measures 104.37% and total cumulative return in cash totals $120,744.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,487/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
10,271 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77090, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,017 (100%) |
| Owner Occupied HU | 4,192 (23.3%) |
| Renter Occupied HU | 11,791 (65.4%) |
| Vacant Housing Units | 2,034 (11.3%) |
| Median Home Value | $260,624 |
| Average Home Value | $288,247 |
Housing Distribution
Address Breakdown
Residential
17,384
Single Family
5,094
Multi-Family
12,290
Businesses
1,463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices